Richard J. Stockton is the CEO of Braemar Hotels & Resorts, having taken on the role in November 2016. He holds a solid educational background with an MBA in Finance and Real Estate from The Wharton School at the University...
Richard J. Stockton is the CEO of Braemar Hotels & Resorts, having taken on the role in November 2016. He holds a solid educational background with an MBA in Finance and Real Estate from The Wharton School at the University of Pennsylvania and a BS in Hotel Administration from Cornell University. Before leading Braemar, he spent over 15 years in real estate investment banking at Morgan Stanley, where he climbed the ranks to become a Managing Director and head of regional teams in Europe and Asia. His business acumen led him to significant roles, including CEO-Americas at OUE Limited and Global COO at Carval Investors, where he managed substantial investments across multiple countries. Interestingly, while his base salary from Braemar is zero, his total compensation is mostly tied to stock awards, showing a clear alignment with company performance. In 2022 alone, he saw over 100,000 shares vest, valued at approximately $609,000. Richard has a clear focus on long-term success, which is reflected in his compensation strategy and the performance metrics set for the company—aiming for meaningful growth and profitability.